JBT Corporation Awarded $4 Million Ground Support Equipment Order
CHICAGO, Oct. 17, 2012 /PRNewswire/ -- JBT Corporation (NYSE: JBT) today announced that its JBT AeroTech business was awarded a $4 million contract by a large international air carrier for the refurbishment and upgrade of existing cargo loaders and the supply of new Commander™ aircraft cargo loaders. The refurbished and new ground support equipment
will be used at various stations throughout the U.S.
"This order reflects JBT AeroTech's commitment to provide our customers with effective fleet upgrade solutions through both the refurbishment of existing equipment and the supply of new equipment," said John Lee, Vice President for JBT AeroTech Division. "We are pleased to partner with air carriers in their execution of very efficient methods that improve operational costs while maintaining a high standard of service."
The order was received in the third quarter of 2012 with the equipment delivery scheduled to be completed in the fourth quarter of 2012.
JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to the food processing and air transportation industries. JBT Corporation designs, manufactures, tests and services technologically sophisticated systems and products for regional and multi-national industrial food processing customers through its JBT FoodTech segment and for domestic and international air transportation customers through its JBT AeroTech segment. JBT Corporation employs approximately 3,200 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information please visit www.jbtcorporation.com or www.jbtaerotech.com.
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company's ability to control. These risks and uncertainties are described under the caption "Risk Factors" in the Company's Annual Report on Form 10-K filed by the Company with the Securities and Exchange Commission that may be accessed on the Company's website. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements.
SOURCE JBT Corporation